In a recent Incrypted article, Omid Malekan, Associate in Business at Columbia Business School and expert in blockchain and digital finance, shared his perspective on the implications of President Trump's sweeping new tariff policy for the cryptocurrency industry. The April 2 executive order, which imposed a 10% base tariff on imports from 185 countries, caused turmoil across global markets and significant volatility in crypto assets.
Malekan highlighted that, despite short-term price drops, the weakening of the U.S. dollar under current trade policies could ultimately enhance Bitcoin’s status as “digital gold.” He noted, “Tariffs will weaken the dominant role of the dollar and create space for competitors, including Bitcoin.”
As economic uncertainty continues, Malekan’s insights underscore the growing role of cryptocurrency as a hedge against inflation and traditional market instability. The article, "Going to Battle: Where U.S. Tariff Policy Leads and Its Threat to the Crypto Industry", explores how the evolving global trade landscape could shape the future of digital assets.
Read the full article here.
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